We were just about to exchange contracts for a property in Sutton On Sea. We have hit a problem. The loan offer with Leeds Building Society runs out on 9/10/2026 but the sellers are insisting on a completion date of 13/10/2026. Can one prolong the mortgage expiry date?
The person best placed to address this issue is your solicitors who should determine whether he or she is should be discussing with the mortgage broker, owner’s lawyers, property agents or possibly all three based on the circumstances your house move as of today.
I am about to put a bid on a leasehold property in Sutton On Sea. The selling agents say that it is standard for flats in Sutton On Sea to have less than 75 years remaining. I am getting a loan with Platform. Is this going to be a problem if the lease has 69 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 9/8/2026 the requirements read as follows :
My relative recommended that if I am buying in Sutton On Sea I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Sutton On Sea conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Sutton On Sea around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Sutton On Sea Education with plans and statistics, Local Amenities and other useful information regarding Sutton On Sea.
I am purchasing my first flat in Sutton On Sea with the aid of help to buy. The builders would not move on the amount so I negotiated £7000 of additionals instead. The sale representative advised me not disclose to my lawyer about the deal as it could jeopardize my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in Sutton On Sea prior to instructing lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some banks will refuse to issue a mortgage on such a home.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Sutton On Sea. Conveyancing will be smoother if you use a solicitor in Sutton On Sea especially if they are familiar with such properties in Sutton On Sea.
I have been recommended by numerous selling agents in Sutton On Sea to get a quote from a conveyancer using your seach tool. What’s the financial upside for Estate Agents to market your services over and above a competitor’s?
We refuse to offer any financial incentive for directing people to this site. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.